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Business

Latest African business news, latest breaking news from Africa.

Business

Air Zimbabwe: Fire breaks out on jet as passengers panic

Isaac Kaledzi -
Many passengers on Air Zimbabwe aircraft on Sunday were thrown into a state of panic after fire broke out on the flight. Officials of the...
Business

Ghana: How tech is attracting young people into farming

Isaac Kaledzi -
There is a low involvement rate of young people in the Agricultural sector, despite it being the backbone of many economies across Africa. Many young...
Business

Ethiopian air crash: Boeing reports 20% fall in profits

Isaac Kaledzi -
US plane maker Boeing has said that it's profits fell by 20% for the first quarter of this year, with recent air crash involving...
Business

[Photos] – South Africa’s roadside chicken sellers

Isaac Kaledzi -
Mathapelo Setona has been selling chicken at Mfuleni’s taxi rank for a year. She is 18 years old and from Lesotho. She lives with her...
Business

Africa’s problem with tax avoidance

Isaac Kaledzi -
NGOs continue to raise the alarm. African countries are being cheated out of billions in tax revenues — mainly by large foreign companies in...
Business

South Africa’s growth rate to slow due to blackouts

Isaac Kaledzi -
South Africa since last year has been experiencing major power cuts due to the challenges confronting its power producer Eskom. The company is struggling to...
Business

Jumia’s African identity questioned

Isaac Kaledzi -
Last week Jumia was celebrated globally for listing on the New York Stock Exchange. It was a novelty for African startups which Jumia is...
Business

Africa’s Jumia lists on New York Stock Exchange

Isaac Kaledzi -
African e-commerce start-up Jumia has finally debuted on the New York Stock Exchange. Jumia listed 17.6% of its shares at $14.50 a share as it...
Business

How Africa fared in latest IMF World Economic Outlook

Fred Dzakpata -
The International Monetary Fund has released its regular assessment of the World Economic Outlook which forecasts global growth of 3.3% this year and 3.6%...
Business

Sub-Saharan Africa records $46bn in remittances for 2018

Isaac Kaledzi -
Africa remains one of the major regions where remittances continue to form an integral part of the many economies. The World Bank in a brief...
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